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Intangible Assets
 12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets
Intangible assets, net consist of the following:
As of December 31, 2025
Gross carrying amountAccumulated amortizationNet carrying amount
Subject to amortization:
Investment management contracts$36,190 $(36,190)$— 
Customer relationships23,518 (23,518)— 
Technology2,030 (2,030)— 
Other620 (620)— 
$62,358 $(62,358)$— 
As of December 31, 2024
Gross carrying amountAccumulated amortizationNet carrying amount
Subject to amortization:
Investment management contracts$36,190 $(36,190)$— 
Customer relationships23,518 (22,204)1,314 
Technology2,030 (2,030)— 
Other620 (620)— 
$62,358 $(61,044)$1,314 
Amortization expense related to intangible assets of $1.3 million, $1.3 million and $1.3 million was recognized for the years ended December 31, 2025, 2024 and 2023, respectively.
There is no future amortization expense relating to intangible assets, as of December 31, 2025.